Property profile

100 South Cascade Dr Springville, NY 14141

FOR SALE
Community centers
Property ID
US63-1554869
38,375 SF 2.57 ac lot Built 1994
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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100 South Cascade Dr, Springville, NY 14141 For Sale
$2,600,000 38,375 SF
100 South Cascade Dr, Springville, NY 14141
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Property summary

AI-generated overview

This exceptional value-add investment opportunity presents a 38,375-square-foot retail property situated on a 2.57-acre lot in Springville, New York. The single-story, Class B building, constructed in 1994, boasts 28,000 square feet of net rentable space, currently housing multiple tenants including AutoZone and M&T Bank. The property features 136 on-site parking spaces, providing ample convenience for customers and employees. Strategically located at the signalized intersection of Route 39 and Route 219, a major thoroughfare in Springville, this property benefits from high visibility and accessibility. The surrounding area is densely populated with various retailers and restaurants, including Country Fair, Emerling Ford, Tops Markets, and a Walmart Supercenter, ensuring a robust customer base. Zoned for Commercial/Industrial Park District use, this versatile property is well-suited for a variety of uses, including community facilities, warehouse operations, wholesale businesses, mobile home and boat sales, self-storage, and retail establishments. The asking price is $2,900,000, translating to $75.57 per square foot. This presents a compelling opportunity for investors seeking a strong return on investment in a prime location.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1994
Total area 38,375 SF
Lot 2.57 ac (111,949 SF)
APN 143801 335.18-1-15
UPID US63-1554869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Auto Parts Store

Location

100 South Cascade Dr Springville, NY 14141
Springville metro Census 15900 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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